Cartier Owner Richemont Posts Highest Ever Quarterly Sales

Richemont’s Surprise Revenue Gain Lifts Luxury Stocks, Offering Hope to Brand Owners, Investors
Richemont outstripped expectations with a 10 percent jump in revenue during the key holiday quarter, offering hope that luxury's slump might be coming to an end.
Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround
Richemont , the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year sales that exceeded expectations, sending shares higher across the sector.
Cartier Owner Richemont Posts Highest Ever Quarterly Sales Despite Luxury Downturn
Richemont reported better-than-expected sales for its fiscal third quarter, in the midst of a downward trend in demand for luxury goods that is weighing on most high-end brands.
Cartier owner Richemont sales surge shows strength of top end luxury
Richemont, owner of Cartier, reported a 10% year-on-year increase in Q3 sales, significantly surpassing expectations. This growth suggests a potential recovery in the luxury sector, despite challenges in the Chinese market.
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.
European luxury stocks jump after Richemont smashes expectations
European luxury shares soared on Thursday as Cartier owner Richemont's third-quarter sales beat revived optimism for the battered sector. Francis Maguire reports. Could AI-assisted program help badminton players with training?
European Stocks Gain as Richemont’s Sales Jump Lifts Luxury
European stocks rose to the highest level in over a month on Thursday, lifted by the luxury and technology sectors as a double-digit jump in Richemont’s sales and an upbeat outlook by Taiwan Semiconductor Manufacturing Co.
Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division bucked a downturn in demand for high-end goods.
Richemont Sales Soar in Early Sign of Luxury Recovery
Richemont sales unexpectedly jumped by a double-digit percentage during the holiday shopping season as consumers splurged on ...
Richemont posts record Q3 sales, led by jewelry division
The luxury firm saw a 10% uptick in the quarter, with fashion and accessories also showing double-digit growth.
Luxury brands owner Richemont sees strong earnings despite China weakness
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust ...
Cartier owner Richemont shines with better-than-expected sales as poor China demand offset by rest of the world
Despite weakness in China, "Richemont has never been stronger," investment firm Vontobel's analyst said.
Heard on the Street: Luxury Investors Press ‘Buy Now’ Too Early After Richemont Earnings
American shoppers seem to be snapping up luxury again, but investors should still shop carefully. [European luxury stocks rose]( ...
Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter ...
Richemont Sales Surge 10% Triggering Boost for LVMH and Hermès Shares
The owner of Cartier, Piaget, Chloe and Montblanc saw an uptick in US and European sales, as well as smaller declines in ...
Richemont Sales Bounce 10% in Q3, With Strong Gains Worldwide, Except China
Sales rocketed 22 percent in the Americas region, while in Mainland China, Hong Kong and Macau they were down 18 percent in ...